The Renewable Packaging Division will be split into two divisions: Consumer Board and Packaging Solutions. Both new divisions will become separate reporting segments from 1 January 2015.
Stora Enso appoints Jari Latvanen as EVP, Head of Consumer Board and as a member of the Group Leadership Team as of 1 January 2015. Jari Latvanen is a Finnish citizen and has held several leadership positions within the food industry. Since 2010 he has worked as CEO for Findus Nordic operations. Before that, Jari has made a long international career within Nestlé group.
"Jari Latvanen has a long and relevant experience from working with strong brands and corporate strategies. I am convinced that he will be a valuable contribution to the team and strengthen our customer focus even further," says Stora Enso CEO Karl-Henrik Sundström.
Hannu Alalauri, currently SVP Packaging Solutions Stora Enso, is appointed as acting Head of Packaging Solutions.
The new structure in the packaging business is a further step towards strengthening Stora Enso's focus on customers, business performance and growth. It will also mean greater transparency in financial reporting.
Division names
The following names for the product divisions will become effective as of 1 January 2015:
Current name New name
Printing and Reading Paper
Building and Living Wood Products
Biomaterials Biomaterials
Renewable Packaging - Consumer Board
- Packaging Solutions
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